Est. cap rate

3.1%

Assumed rent, all units

$4,600/mo

Units

2

Price per unit

$450,000

Est. annual NOI

$27,600

Expense assumption

50%

Estimates only, based on HUD Fair Market Rents (a conservative 40th percentile floor) and a standard 50% operating expense assumption. Not a guarantee of income or value. Ask Alex for a pro forma using comparable rent data.

Run your own numbers

Adjust the assumptions to see cash flow and cash on cash return.

Illustration only, using a 30 year loan and your assumptions above. Not a loan offer, financial advice, or a guarantee. Confirm financing and actual rents independently.

Property details

Type

Duplex

Bedrooms

2

Bathrooms

2

Building size

1,400 sqft

Lot size

6,381 sqft

Year built

1928

Stories

1

Garage spaces

2

Cooling

None

Pool

None

View

None

Status

Active

Days on market

54

MLS #

244954123

About this property

Price Improvement – Exceptional Opportunity in California Heights! A recent price adjustment creates an outstanding opportunity to own an income-producing duplex in the highly desirable California Heights neighborhood of Long Beach. Whether you're an investor looking to expand your portfolio, an owner-occupant hoping to offset your mortgage with rental income, or a buyer searching for a flexible multigenerational living arrangement, this property offers a variety of possibilities. Full of character and long-term potential, this duplex provides the opportunity to generate rental income while building equity in one of Long Beach's most established neighborhoods. Properties like this appeal to buyers seeking versatility, whether as a long-term investment, a primary residence with supplemental income, or a property to customize over time. California Heights is known for its tree-lined streets, historic charm, and convenient central location. Enjoy easy access to local restaurants, neighborhood coffee shops, shopping, parks, Long Beach City College, and major commuter routes, making it an attractive location for both owners and tenants alike. With demand for duplex properties remaining strong and inventory often limited in this neighborhood, opportunities like this do not come along often. The recent price reduction makes this an excellent time to take a fresh look at everything this property has to offer. Whether you're focused on generating income today, creating value through future improvements, or securing a property in one of Long Beach's most desirable neighborhoods, this duplex offers the flexibility and potential to fit a variety of real estate goals. Schedule your private showing and discover the possibilities for yourself.

Location

3562 Orange

Long Beach, Los Angeles, CA, 90807